📊 Basics of Economics
Q. From the position of stable equilibrium, the market supply of a commodity decreases, while the market demand remains unchanged, then:
  • (A) equilibrium price falls
  • (B) equilibrium quantity rises
  • (C) both equilibrium price and equilibrium quantity decreases
  • (D) equilibrium price rises, but equilibrium quantity falls
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✅ Correct Answer: (D) equilibrium price rises, but equilibrium quantity falls

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